Iraq’s Bright Future
“No matter what the critics say, oil revenue and foreign investment will guide Iraq to prosperity.” Ian Bremmer on what will become of Iraq once American troops leave.
“Investors and policymakers once feared that when U.S. combat troops withdrew from Iraq, the country would crash and burn. Instead, over the next several years, a surge in oil revenue and the need to rebuild will make Iraq one of the world’s most attractive investment destinations. … Iraq already ranks No. 12 on the list of the world’s fastest-growing economies. … To be sure, Iraq still has plenty of political problems, beginning with the fact that, months after parliamentary elections, the country still has no new government.”
